Remarketing of Repossessed Vessels

Remarketing of Repossessed Vessels Image

How it works

Repossessed boats will be listed for sale on the below website of our affiliate brokerage company. www.webuyboats.com. Lien holders will accept bids through our offer forms which can be filled out online and sent to us directly through email. Vessels are available to view with an appointment before bidding. Please contact sales@marineassetrecovery.com.

Bidders will be notified of an accepted offer or counter offer if applicable. Repossessed vessels are sold AS-IS with no warranty expressed or implied. Transport/Shipping of repossessed vessels can be made through. worldwidemarinetransport@gmail.com

Frequently asked questions

Why was my vessel repossessed?

You may have breached your loan contract by missing monthly payments or your vessels insurance may have lapsed.

What happened to my personal belongings?

We have completed a personal property inventory report and sent you a certified letter by mail if your vessel was repossessed in FL, otherwise you may receive notice by phone or email with instructions on how to retrieve your property.

Who should I contact first?

Please contact your lien holder before contacting us!

Where is my vessel located?

Your vessel is in one of our secure storage facilities.

What if my vessel was sold by my lien holder for less than my balance due?

Depending on your state laws, your lien holder may proceed with court proceedings to obtain a deficiency judgement against you.

Can I get my vessel back?

Unless your vessel was repossessed more than once, you may generally be able to make arrangements to redeem your vessel by paying your past due and any related repossession and storage fees.

Contact us today

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